Dubai Ready to Approve Rooftop Solar Policy
Dubai is set for a solar power advancement, as the government creates mandates that would allow property owners to install rooftop solar power systems, which is anticipated to open up a whole new market segment in the country. The Dubai Electricity and Water Authority confirmed that it has prepared a draft legislation that is expected to be approved in a month’s time. The solar policy is in line with the government’s goal of diversifying its energy mix with 71 percent power coming from gas, 12 percent from nuclear, 12 percent from clean coal and 5 percent from solar.
Shell Invests in Solar Power-Based Oil Recovery Technology
Royal Dutch Shell has partnered with a sovereign investment fund from man to invest $53 million in a company that produces solar power equipments designed for increasing oil production. Glasspoint Solar Inc. Roofing Surrey installs aluminum of application makes great economic sense as the fuel cost associated with this enhanced oil recovery mirrors near oil fields that concentrate solar heat on insulated tubes containing water, to which the resulting steam is injected into oil fields to recover heavy crude oil. The utilization of renewable energy for this type technology is practically zero.
Fracking is One Solution to Scotland’s High Gas Costs, Says Ineos
With natural gas prices in Europe more than double costs in the U.S., Ineos Group AG thinks hydraulic fracturing is a novel solution. The world’s fourth-largest petrochemical manufacturer bought a license last month to look for fuel around its refinery in Grangemouth, Scotland. Other European nations such as the U.K. and Poland have already embraced fracking - a controversial drilling technique that uses combinations of sand, chemicals and water to harvest underground fuel. Europe needs to develop indigenous shale, or else it will not have an energy-intensive industry in the next 20 years, says Ineos director Tom Crotty.
1366 Technology Claims They Can Sell Solar Wafers Below Market Costs
1366 Technologies Inc. says it can manufacture silicon wafers for solar cells for less than competitors, an advantage it hopes to exploit to increase market share. The company plans in 2016 to open a larger production plant that will utilize proprietary wafer-making technology that will reduce the sales price by up to 10 percent below market rates. The firm qualified for a $150 million U.S. Department of Energy loan guarantee in 2011 to develop its production technology that uses a technique to produces wafers in a single step, resulting in reduced waste, better efficiency and half the productions costs.
